Required information [The following information applies to the questions displayed below. Santana Rey created Business Solutions on October 1, 2017. The company has been successful, and its list of customers has grown. To accommodate the growth, the accounting system is modified to set up separate accounts for each customer. The following chart of accounts includes the account number used for each account and any balance as of December 31, 2017. Santana Rey decided to add a fourth digit with a decimal point to the 106 account number that had been used for the single Accounts Receivable account. This change allows the company to continue using the existing chart of accounts. Credit Debit $48,472 3, 110 799 O 700 2,016 895 8,160 No. Account Title 101 Cash 106.1 Alex's Engineering Co. 106.2 Wildcat Services 106.3 Easy Leasing 106.4 IFM Co. 106.5 Liu Corp. 106.6 Gomez Co. 106.7 Delta Co. 106.8 KC, Inc. 106.9 Dream, Inc. 119 Merchandise inventory 126 Computer supplies 128 Prepaid insurance 131 Prepaid rent 163 Office equipment 164 Accumulated depreciation-office equipment 167 Computer equipment 168 Accumulated depreciation-Computer equipment 201 Accounts payable 210 Wages payable 236 Unearned computer services revenue 307 Common stock 318 Retained earnings 319 Dividends 403 Computer services revenue 413 Sales 414 Sales returns and allowances 415 Sales discounts 502 Cost of goods sold 612 Depreciation expense-Office equipment 613 Depreciation expense-Computer equipment 623 Wages expense $ 220 20,600 1,080 1,210 820 1,430 74,651 7,330 Credit Debit $48,472 3, 110 2,788 OOO OO 700 2,016 895 8,160 UI! $ 220 20,600 No. Account Title 101 Cash 106.1 Alex's Engineering Co. 106.2 Wildcat Services 106.3 Easy Leasing 106.4 IFM Co. 106.5 Liu Corp. 106.6 Gomez Co. 106.7 Delta Co. 106.8 KC, Inc. 106.9 Dream, Inc. 119 Merchandise inventory 126 Computer supplies 128 Prepaid insurance 131 Prepaid rent 163 Office equipment 164 Accumulated depreciation-office equipment 167 Computer equipment 168 Accumulated depreciation-Computer equipment 201 Accounts payable 210 Wages payable 236 Unearned computer services revenue 307 Common stock 318 Retained earnings 319 Dividends 403 Computer services revenue 413 Sales 414 Sales returns and allowances 415 Sales discounts 502 Cost of goods sold 612 Depreciation expense-Office equipment 613 Depreciation expense-Computer equipment 623 Wages expense 637 Insurance expense 640 Rent expense 652 Computer supplies expense 655 Advertising expense 676 Mileage expense 677 Miscellaneous expenses 684 Repairs expense-Computer 1,080 1,210 820 1,430 74,651 7,330 In response to requests from customers, S. Rey will begin selling computer software. The company will extend credit terms of 1/10, n/30, FOB shipping point, to all customers who purchase this merchandise. However, no cash discount is available on consulting fees. Additional accounts (Nos. 119, 413, 414, 415, and 502) are added to its general ledger to accommodate the company's new merchandising activities. Also, Business Solutions does not use reversing entries and, therefore, all revenue and expense accounts have zero beginning balances as of January 1, 2018. Its transactions for January through March follow: Jan. 4. The company paid cash to Lyn Addie for five days' work at the rate of $205 per day. Four of the five days relate to wages payable that were accrued in the prior year. 5 Santana Rey invested an additional $23,700 cash in the company in exchange for more common stock. 7 The company purchased $7,600 of merchandise from Kansas Corp. with terms of 1/10, n/30, FOB shipping point, invoice dated January 7. 9 The company received $2,788 cash from Gomez Co. as full payment on its account. 11 The company completed a five-day project for Alex's Engineering Co. and billed it $5,370, which is the total price of $6,800 less the advance payment of $1,430. 13 The company sold merchandise with a retail value of $4,900 and a cost of $3,390 to Liu Corp., invoice dated January 13. 15 The company paid $780 cash for freight charges on the merchandise purchased on January 7. 16 The company received $4,050 cash from Delta Co. for computer services provided. 17 The company paid Kansas Corp. for the invoice dated January 7, net of the discount. 20 Liu Corp. returned $600 of defective merchandise from its invoice dated January 13. The returned merchandise, which had a $250 cost, is discarded. (The policy of Business Solutions is to leave the cost of defective products in cost of goods sold.) 22 The company received the balance due from Liu Corp., net of both the discount and the credit for the returned merchandise. 24 The company returned defective merchandise to Kansas Corp. and accepted a credit against future purchases. The defective merchandise invoice cost, net of the discount, was $496. 26 The company purchased $9,900 of merchandise from Kansas Corp. with terms of 1/10, n/30, FOB destination, invoice dated January 26. 26 The company sold merchandise with a $4,580 cost for $5,930 on credit to KC, Inc., invoice dated January 26. 31 The company paid cash to Lyn Addie for 10 days' work at $205 per day. Feb. 1 The company paid $2,685 cash to Hillside Mall for another three months' rent in advance. 3 The company paid Kansas Corp. for the balance due, net of the cash discount, less the $496 amount in the credit memorandum. 5 The company paid $490 cash to the local newspaper for an advertising insert in today's paper. 11 The company received the balance due from Alex's Engineering Co. for fees billed on January 11. 15 The company paid $4,760 cash in dividends. 23 The company sold merchandise with a $2,580 cost for $3,230 on credit to Delta Co., invoice dated February 23. 26 The company paid cash to Lyn Addie for eight days' work at $205 per day. 27 The company reimbursed Santana Rey for business automobile mileage (700 miles at $0.32 per mile). Mar. 8 The company purchased $2,750 of computer supplies from Harris Office Products on credit, invoice dated March 8. 9 The company received the balance due from Delta Co. for merchandise sold on February 23. 9 The company received the balance due from Delta Co. for merchandise sold on Febru 11 The company paid $870 cash for minor repairs to the company's computer. 16 The company received $5,320 cash from Dream, Inc., for computing services provide 19 The company paid the full amount due to Harris Office Products, consisting of amo December 15 (of $1,210) and March 8. 24 The company billed Easy Leasing for $9,127 of computing services provided. 25 The company sold merchandise with a $2,082 cost for $2,960 on credit to Wildcat S dated March 25. 30 The company sold merchandise with a $1,178 cost for $2,380 on credit to IFM Compa March 30. 31 The company reimbursed Santana Rey for business automobile mileage (600 miles at Following additional facts are available for preparing adjustments on March 31 prior to financials ne March 31 amount of computer supplies still available totals $2,155. hree more months have expired since the company purchased its annual insurance policy at a $ onths of coverage. -n Addie has not been paid for seven days of work at the rate of $205 per day. hree months have passed since any prepaid rent has been transferred to expense. The monthly epreciation on the computer equipment for January 1 through March 31 is $1,080. epreciation on the office equipment for January 1 through March 31 is $220. ne March 31 amount of merchandise inventory still available totals $544. from Delta lo. for merchandise sold on February 23. 11 The company paid $870 cash for minor repairs to the company's computer. 16 The company received $5,320 cash from Dream, Inc., for computing services provided. 19 The company paid the full amount due to Harris Office Products, consisting of amounts created on December 15 (of $1,210) and March 8. 24 The company billed Easy Leasing for $9,127 of computing services provided. 25 The company sold merchandise with a $2,082 cost for $2,960 on credit to Wildcat Services, invoice dated March 25. 30 The company sold merchandise with a $1,178 cost for $2,380 on credit to IFM Company, invoice dated March 30. 31 The company reimbursed Santana Rey for business automobile mileage (600 miles at $0.32 per mile). The following additional facts are available for preparing adjustments on March 31 prior to financial statement preparation: a. The March 31 amount of computer supplies still available totals $2.155. b. Three more months have expired since the company purchased its annual insurance policy at a $2,688 cost for 12 months of coverage c. Lyn Addie has not been paid for seven days of work at the rate of $205 per day. d. Three months have passed since any prepaid rent has been transferred to expense. The monthly rent expense is $895. e. Depreciation on the computer equipment for January 1 through March 31 is $1,080. f. Depreciation on the office equipment for January 1 through March 31 is $220. g. The March 31 amount of merchandise inventory still available totals $544. Required: 1. Prepare journal entries to record each of the January through March transactions. View transaction list View journal entry worksheet Date General Journal Debit Credit No 1. Jan 04 Wages payable Wages expense Cash 820 205 1,025 2 Jan 05 23,700 Cash Common Stock 23,700 Jan 07 7,600 Merchandise inventory Accounts payable 7,600 Jan 09 2,788 Cash Accounts receivable-Gomez Co. 2,788 5 Jan 11 5,370 Accounts receivable-Alex's Engineering Co. Unearned computer services revenue Computer services revenue 1,430 6,800 Jan 13 4,900 Accounts receivable Liu Corp. Sales 4,900 Jan 13 3,390 Cost of goods sold Merchandise inventory 3,390 Jan 15 780 Merchandise inventory Cash 780 Jan 16 4,050 Cash Computer services revenue 4,050 10 Jan 17 7,600 Accounts payable Merchandise inventory Cash 7,524 lan on alarm time and launnnn 106.2 Accounts Receivable-Wildcat Services Date Debit Credit Balance Dec. 31 Mar. 25 2,960 2,960 106.3 Accounts Receivable-Easy Leasing Date Debit Credit Balance Dec. 31 Mar. 24 9,127 9,127 Balance Date Dec. 31 Mar. 30 106.4 Accounts Receivable IFM Co. Debit Credit 3,1101 2,380 106.5 Accounts Receivable-Liu Corporation Date Debit Credit Balance Dec. 31 Jan. 13 4,900 Jan. 20 600 4,300 Jan. 22 4,300 2,380 4,900 106.7 Accounts Receivable-Delta Co. Debit Credit Balance Date Dec. 31 Jan. 09 106.6 Accounts Receivable-Gomez Co. Debit Credit Balance 2,788 2,788 (2,788) Date Dec. 31 Feb. 23 Mar. 09 3,230 3,230 3,230 106.8 Accounts ReceivableKC, Inc. Debit Credit 106.9 Accounts Receivable-Dream, Inc. Debit Credit Balance Balance Date Dec. 31 Jan. 26 Date Dec. 31 5,930 5,930 119 Merchandise Inventory Debit Credit 126 Computer Supplies Debit Credit Date Balance Date Balance Balance 106.1 Accounts Receivable-Alex's Engineering Co. Date Debit Credit Balance Dec. 31 Jan. 11 5,370 (5,370) Feb. 11 5,370 (10,740) Date Dec. 31 Jan. 04 Jan. 05 Jan. 09 Jan. 15 Jan. 16 Jan. 17 Jan. 22 Jan. 31 Feb. 01 Feb. 03 Feb. 05 Feb. 11 Feb. 15 Feb. 26 Feb. 27 Mar. 09 Mar. 11 Mar. 16 Mar. 19 Mar. 31 101 Cash Debit Credit 48,472 1,025 23,700 2,788 780 4,050 7,524 4,300 2,050 2,685 9,310 | 490 5,370 4,760 1,640 224 3,230 870 5,320 3,960 192 (1,025) 22,675 25,463 24,683 28,733 21,209 25,509 23,459 20,774 11,464 10,974 16,344 11,584 9,944 9,720 12,950 12,080 17,400 13,440 13,248 BUSINESS SOLUTIONS Partial Work Sheet March 31, 2018 Unadjusted Trial Balance Dr. cr. 13,248/ 10,740 2,960 9,127 2,380 Adjustments Dr. cr. Adjusted Trial Balance Dr. cr. 2,788 5,930 No. Account Title 101 Cash 106.1 Alex's Engineering Co. 106.2 Wildcat Services 106.3 Easy Leasing 106.4 IFM Co. 106.5 Liu Corp. 106.6 Gomez Co. 106.7 Delta Co. 106.8 KC, Inc. 106.9 Dream, Inc. 119 Merchandise inventory 126 Computer supplies 128 Prepaid insurance 131 Prepaid rent 163 Office equipment 164 Accumulated depreciation Office equipment 167 Computer equipment Accumulated depreciationComputer equipment 201 Accounts payable 210 Wages payable 236 Uneamed computer services revenue 307 Common stock 3,804 2,750 2,016 2,685 8,160 220 20,600 1,080 1,2101 820 1,430 23,700 307 Common stock 23,700 7,330 318 Retained earnings 4,760 319 403 413 Dividends Computer services revenue 25,297 19,400 Sales I 414 Sales returns and allowances 415 7,030 502 612 613 623 637 2,255 640 Sales discounts Cost of goods sold Depreciation expense-Office equipment Depreciation expense-Computer equipment Wages expense Insurance expense Rent expense Computer supplies expense Advertising expense Mileage expense Miscellaneous expenses Repairs expenseComputer Totals 490 652 655 676 677 684 4161 - 870 92,451 91,045 0 0 0 0 Required information [The following information applies to the questions displayed below. Santana Rey created Business Solutions on October 1, 2017. The company has been successful, and its list of customers has grown. To accommodate the growth, the accounting system is modified to set up separate accounts for each customer. The following chart of accounts includes the account number used for each account and any balance as of December 31, 2017. Santana Rey decided to add a fourth digit with a decimal point to the 106 account number that had been used for the single Accounts Receivable account. This change allows the company to continue using the existing chart of accounts. Credit Debit $48,472 3, 110 799 O 700 2,016 895 8,160 No. Account Title 101 Cash 106.1 Alex's Engineering Co. 106.2 Wildcat Services 106.3 Easy Leasing 106.4 IFM Co. 106.5 Liu Corp. 106.6 Gomez Co. 106.7 Delta Co. 106.8 KC, Inc. 106.9 Dream, Inc. 119 Merchandise inventory 126 Computer supplies 128 Prepaid insurance 131 Prepaid rent 163 Office equipment 164 Accumulated depreciation-office equipment 167 Computer equipment 168 Accumulated depreciation-Computer equipment 201 Accounts payable 210 Wages payable 236 Unearned computer services revenue 307 Common stock 318 Retained earnings 319 Dividends 403 Computer services revenue 413 Sales 414 Sales returns and allowances 415 Sales discounts 502 Cost of goods sold 612 Depreciation expense-Office equipment 613 Depreciation expense-Computer equipment 623 Wages expense $ 220 20,600 1,080 1,210 820 1,430 74,651 7,330 Credit Debit $48,472 3, 110 2,788 OOO OO 700 2,016 895 8,160 UI! $ 220 20,600 No. Account Title 101 Cash 106.1 Alex's Engineering Co. 106.2 Wildcat Services 106.3 Easy Leasing 106.4 IFM Co. 106.5 Liu Corp. 106.6 Gomez Co. 106.7 Delta Co. 106.8 KC, Inc. 106.9 Dream, Inc. 119 Merchandise inventory 126 Computer supplies 128 Prepaid insurance 131 Prepaid rent 163 Office equipment 164 Accumulated depreciation-office equipment 167 Computer equipment 168 Accumulated depreciation-Computer equipment 201 Accounts payable 210 Wages payable 236 Unearned computer services revenue 307 Common stock 318 Retained earnings 319 Dividends 403 Computer services revenue 413 Sales 414 Sales returns and allowances 415 Sales discounts 502 Cost of goods sold 612 Depreciation expense-Office equipment 613 Depreciation expense-Computer equipment 623 Wages expense 637 Insurance expense 640 Rent expense 652 Computer supplies expense 655 Advertising expense 676 Mileage expense 677 Miscellaneous expenses 684 Repairs expense-Computer 1,080 1,210 820 1,430 74,651 7,330 In response to requests from customers, S. Rey will begin selling computer software. The company will extend credit terms of 1/10, n/30, FOB shipping point, to all customers who purchase this merchandise. However, no cash discount is available on consulting fees. Additional accounts (Nos. 119, 413, 414, 415, and 502) are added to its general ledger to accommodate the company's new merchandising activities. Also, Business Solutions does not use reversing entries and, therefore, all revenue and expense accounts have zero beginning balances as of January 1, 2018. Its transactions for January through March follow: Jan. 4. The company paid cash to Lyn Addie for five days' work at the rate of $205 per day. Four of the five days relate to wages payable that were accrued in the prior year. 5 Santana Rey invested an additional $23,700 cash in the company in exchange for more common stock. 7 The company purchased $7,600 of merchandise from Kansas Corp. with terms of 1/10, n/30, FOB shipping point, invoice dated January 7. 9 The company received $2,788 cash from Gomez Co. as full payment on its account. 11 The company completed a five-day project for Alex's Engineering Co. and billed it $5,370, which is the total price of $6,800 less the advance payment of $1,430. 13 The company sold merchandise with a retail value of $4,900 and a cost of $3,390 to Liu Corp., invoice dated January 13. 15 The company paid $780 cash for freight charges on the merchandise purchased on January 7. 16 The company received $4,050 cash from Delta Co. for computer services provided. 17 The company paid Kansas Corp. for the invoice dated January 7, net of the discount. 20 Liu Corp. returned $600 of defective merchandise from its invoice dated January 13. The returned merchandise, which had a $250 cost, is discarded. (The policy of Business Solutions is to leave the cost of defective products in cost of goods sold.) 22 The company received the balance due from Liu Corp., net of both the discount and the credit for the returned merchandise. 24 The company returned defective merchandise to Kansas Corp. and accepted a credit against future purchases. The defective merchandise invoice cost, net of the discount, was $496. 26 The company purchased $9,900 of merchandise from Kansas Corp. with terms of 1/10, n/30, FOB destination, invoice dated January 26. 26 The company sold merchandise with a $4,580 cost for $5,930 on credit to KC, Inc., invoice dated January 26. 31 The company paid cash to Lyn Addie for 10 days' work at $205 per day. Feb. 1 The company paid $2,685 cash to Hillside Mall for another three months' rent in advance. 3 The company paid Kansas Corp. for the balance due, net of the cash discount, less the $496 amount in the credit memorandum. 5 The company paid $490 cash to the local newspaper for an advertising insert in today's paper. 11 The company received the balance due from Alex's Engineering Co. for fees billed on January 11. 15 The company paid $4,760 cash in dividends. 23 The company sold merchandise with a $2,580 cost for $3,230 on credit to Delta Co., invoice dated February 23. 26 The company paid cash to Lyn Addie for eight days' work at $205 per day. 27 The company reimbursed Santana Rey for business automobile mileage (700 miles at $0.32 per mile). Mar. 8 The company purchased $2,750 of computer supplies from Harris Office Products on credit, invoice dated March 8. 9 The company received the balance due from Delta Co. for merchandise sold on February 23. 9 The company received the balance due from Delta Co. for merchandise sold on Febru 11 The company paid $870 cash for minor repairs to the company's computer. 16 The company received $5,320 cash from Dream, Inc., for computing services provide 19 The company paid the full amount due to Harris Office Products, consisting of amo December 15 (of $1,210) and March 8. 24 The company billed Easy Leasing for $9,127 of computing services provided. 25 The company sold merchandise with a $2,082 cost for $2,960 on credit to Wildcat S dated March 25. 30 The company sold merchandise with a $1,178 cost for $2,380 on credit to IFM Compa March 30. 31 The company reimbursed Santana Rey for business automobile mileage (600 miles at Following additional facts are available for preparing adjustments on March 31 prior to financials ne March 31 amount of computer supplies still available totals $2,155. hree more months have expired since the company purchased its annual insurance policy at a $ onths of coverage. -n Addie has not been paid for seven days of work at the rate of $205 per day. hree months have passed since any prepaid rent has been transferred to expense. The monthly epreciation on the computer equipment for January 1 through March 31 is $1,080. epreciation on the office equipment for January 1 through March 31 is $220. ne March 31 amount of merchandise inventory still available totals $544. from Delta lo. for merchandise sold on February 23. 11 The company paid $870 cash for minor repairs to the company's computer. 16 The company received $5,320 cash from Dream, Inc., for computing services provided. 19 The company paid the full amount due to Harris Office Products, consisting of amounts created on December 15 (of $1,210) and March 8. 24 The company billed Easy Leasing for $9,127 of computing services provided. 25 The company sold merchandise with a $2,082 cost for $2,960 on credit to Wildcat Services, invoice dated March 25. 30 The company sold merchandise with a $1,178 cost for $2,380 on credit to IFM Company, invoice dated March 30. 31 The company reimbursed Santana Rey for business automobile mileage (600 miles at $0.32 per mile). The following additional facts are available for preparing adjustments on March 31 prior to financial statement preparation: a. The March 31 amount of computer supplies still available totals $2.155. b. Three more months have expired since the company purchased its annual insurance policy at a $2,688 cost for 12 months of coverage c. Lyn Addie has not been paid for seven days of work at the rate of $205 per day. d. Three months have passed since any prepaid rent has been transferred to expense. The monthly rent expense is $895. e. Depreciation on the computer equipment for January 1 through March 31 is $1,080. f. Depreciation on the office equipment for January 1 through March 31 is $220. g. The March 31 amount of merchandise inventory still available totals $544. Required: 1. Prepare journal entries to record each of the January through March transactions. View transaction list View journal entry worksheet Date General Journal Debit Credit No 1. Jan 04 Wages payable Wages expense Cash 820 205 1,025 2 Jan 05 23,700 Cash Common Stock 23,700 Jan 07 7,600 Merchandise inventory Accounts payable 7,600 Jan 09 2,788 Cash Accounts receivable-Gomez Co. 2,788 5 Jan 11 5,370 Accounts receivable-Alex's Engineering Co. Unearned computer services revenue Computer services revenue 1,430 6,800 Jan 13 4,900 Accounts receivable Liu Corp. Sales 4,900 Jan 13 3,390 Cost of goods sold Merchandise inventory 3,390 Jan 15 780 Merchandise inventory Cash 780 Jan 16 4,050 Cash Computer services revenue 4,050 10 Jan 17 7,600 Accounts payable Merchandise inventory Cash 7,524 lan on alarm time and launnnn 106.2 Accounts Receivable-Wildcat Services Date Debit Credit Balance Dec. 31 Mar. 25 2,960 2,960 106.3 Accounts Receivable-Easy Leasing Date Debit Credit Balance Dec. 31 Mar. 24 9,127 9,127 Balance Date Dec. 31 Mar. 30 106.4 Accounts Receivable IFM Co. Debit Credit 3,1101 2,380 106.5 Accounts Receivable-Liu Corporation Date Debit Credit Balance Dec. 31 Jan. 13 4,900 Jan. 20 600 4,300 Jan. 22 4,300 2,380 4,900 106.7 Accounts Receivable-Delta Co. Debit Credit Balance Date Dec. 31 Jan. 09 106.6 Accounts Receivable-Gomez Co. Debit Credit Balance 2,788 2,788 (2,788) Date Dec. 31 Feb. 23 Mar. 09 3,230 3,230 3,230 106.8 Accounts ReceivableKC, Inc. Debit Credit 106.9 Accounts Receivable-Dream, Inc. Debit Credit Balance Balance Date Dec. 31 Jan. 26 Date Dec. 31 5,930 5,930 119 Merchandise Inventory Debit Credit 126 Computer Supplies Debit Credit Date Balance Date Balance Balance 106.1 Accounts Receivable-Alex's Engineering Co. Date Debit Credit Balance Dec. 31 Jan. 11 5,370 (5,370) Feb. 11 5,370 (10,740) Date Dec. 31 Jan. 04 Jan. 05 Jan. 09 Jan. 15 Jan. 16 Jan. 17 Jan. 22 Jan. 31 Feb. 01 Feb. 03 Feb. 05 Feb. 11 Feb. 15 Feb. 26 Feb. 27 Mar. 09 Mar. 11 Mar. 16 Mar. 19 Mar. 31 101 Cash Debit Credit 48,472 1,025 23,700 2,788 780 4,050 7,524 4,300 2,050 2,685 9,310 | 490 5,370 4,760 1,640 224 3,230 870 5,320 3,960 192 (1,025) 22,675 25,463 24,683 28,733 21,209 25,509 23,459 20,774 11,464 10,974 16,344 11,584 9,944 9,720 12,950 12,080 17,400 13,440 13,248 BUSINESS SOLUTIONS Partial Work Sheet March 31, 2018 Unadjusted Trial Balance Dr. cr. 13,248/ 10,740 2,960 9,127 2,380 Adjustments Dr. cr. Adjusted Trial Balance Dr. cr. 2,788 5,930 No. Account Title 101 Cash 106.1 Alex's Engineering Co. 106.2 Wildcat Services 106.3 Easy Leasing 106.4 IFM Co. 106.5 Liu Corp. 106.6 Gomez Co. 106.7 Delta Co. 106.8 KC, Inc. 106.9 Dream, Inc. 119 Merchandise inventory 126 Computer supplies 128 Prepaid insurance 131 Prepaid rent 163 Office equipment 164 Accumulated depreciation Office equipment 167 Computer equipment Accumulated depreciationComputer equipment 201 Accounts payable 210 Wages payable 236 Uneamed computer services revenue 307 Common stock 3,804 2,750 2,016 2,685 8,160 220 20,600 1,080 1,2101 820 1,430 23,700 307 Common stock 23,700 7,330 318 Retained earnings 4,760 319 403 413 Dividends Computer services revenue 25,297 19,400 Sales I 414 Sales returns and allowances 415 7,030 502 612 613 623 637 2,255 640 Sales discounts Cost of goods sold Depreciation expense-Office equipment Depreciation expense-Computer equipment Wages expense Insurance expense Rent expense Computer supplies expense Advertising expense Mileage expense Miscellaneous expenses Repairs expenseComputer Totals 490 652 655 676 677 684 4161 - 870 92,451 91,045 0 0 0 0